Egbert M Freese Foundation
The Egbert M. Freese Foundation is organized and will be operated exclusively for charitable, education, religious, literary or scientific purposes including seven-eighths of the annual income shall be used for the upkeep and maintenance of City of Galion facilities, including by not limited to parks, that benefit the people of the city of Galion. One-eighth of the annual net income shall be held, managed and disposed of as scholarships for residents of the City of Galion who are high school graduates seeking post-secondary school education and training.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.5M
+3.6% YoY
Annual Giving
$475K
-0.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$475K
-0.9% YoY
About Egbert M Freese Foundation
Based on IRS filings
Egbert M Freese Foundation is a nonprofit organization, based in GALION, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.5M in total assets. In 2024, it awarded 1 grants totaling $475K. Net investment income was $934K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,530,614 | $9,202,097 | $9,400,829 |
| Revenue | $933,693 | $404,447 | $222,069 |
| Expenses | $611,176 | $603,558 | $596,464 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $933,693 | $404,447 | $222,069 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City of Galion ($474,982).
| Recipient | Purpose | Amount |
|---|---|---|
| CITY OF GALION GALION, OH | Upkeep and maintenance of City of Galion facilities. | $474,982 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GRANT B GARVERICK | PRESIDENT | 1 | — |
| ERIK FLICK | CO-TREASURER | 1 | — |
| JENNIFER KUNS | SECRETARY | 1 | — |
| HEATH WATKINS | VICE CHAIRMAN | 1 | — |
| WILLIAM STEPRO | CO-TREASURER | 1 | — |
Frequently Asked Questions
How large is Egbert M Freese Foundation?
As of 2024, Egbert M Freese Foundation holds $9.5M in total assets with $934K in annual revenue. It awarded 1 grants totaling $475K in 2024.
Where does Egbert M Freese Foundation operate?
Egbert M Freese Foundation has awarded grants in Ohio.
What size grants does Egbert M Freese Foundation award?
In 2024, Egbert M Freese Foundation awarded 1 grants totaling $475K — an average of about $475K per grant, based on its IRS Form 990 filings.
What is Egbert M Freese Foundation's EIN?
Egbert M Freese Foundation's EIN (Employer Identification Number) is 34-1901855. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Egbert M Freese Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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